European Stars And Stripes (Newspaper) - April 10, 1963, Darmstadt, Hesse Wed newday april 10, 1963 the stars and stripes Page 7 demo says r Rockefeller gop at Odds Washington a demo. Cratic National can Ormun John says hint Numy Republican members of Congress have vote against the programs proposed by new York gov. Nelson Rockefeller. Bailey called this the double Standard of Republican words an Republican last week. Rockefeller said prone Dent Kennedy has been unable to reduce unemployment to the goal of 4 per cent because the administration s emphasis on deficit pending will not he proposed a reduction in in come taxes Simitar to those lug bested by or. Kennedy but with larger immediate cuts and without any of the proposed tax Law changes. Bailey sold Only last thur Day. 48 hours before governor Rockefeller s speech All it Republican members of the House appropriations committee present voted to Kilt a $500-ml11lon appropriation for area development. How can Rockefeller effectively argue for a bigger tax Cut than tha president proposes when Hegop leadership in Congress is on record against the president s tax Cut proposal Bulley naked. . Steel chief says government Hurt steel firms All along Nune Mary Fisher of by Affnan Hospital in Balti More a hold an unidentified baby of furl found abandoned in suburban parking lot. The unidentified Tot a in an open Box and unclothed. Tha temperature waa in the lower is and a brisk wind waa mowing but except for wind Batrna the baby waa in Rood health. Up photo Des mo1nks, Iowa api Roger Blough can Crmim of the corp., snid Here the Rovern intent should stay out of business Dor is ions. He said the steel Industry suffered because of the Fetler Rel government s in tar cession Ngn list a proc hike a year Ogo this he said u is at least an open question whether any no lion that adversely effect a a group the steel Indus try of this size does not weaken the Economy of the Slough in remarks prepared Tor he Iowa medical society termed himself a specimen who almost exactly year ago was virtually torn limb from limb As a result of an unfortunate but Welm Nten cloned attempt to have his com Pany try for economic recovery Blough clashed with presiden Kennedy when . Steel followed a new wage settlement with a increase of 16 a ton in prices april 10, 1%2. Or. Kennedy was Hon rpt cult cml. A few Days Tutor he prices were rolled , who did not mention or. Kennedy by name in his talk Snori no one in government no int _ t How highly placed. How Well Ute Psi to or How sincere his inti re re with the business decisions of our it filled his firm s Deci Sion a year Giro staying that rising Axis dwindling profits and grow my trs Duvli and Mode Rel lion de n 3 i per cent prot a like. Loose Maryland Laws blamed for loan scandal Washington up for just a handful of Small private savings and Loai associations they did a fantastic amount of business. More than a dozen of the inde pendent firms located in suburban Washington attracted customers by offering expensive gifts and quarterly interest rates of More than s per cent for 50,000 depositors most of them in Montgomery and Prince Georges counties md., it proved too Good to be True. Sine i960, investors have lost mor than 940 and state investigations left 27 private savings and loan firms under court control and resulted in 18 persons named in 80 turned up by investigators rocked local the Brunt of the blame was the state of Maryland. Until1961, Laws controlling savings and loan firms were nonexistent. Going into business required Only opening an receivers found the same Story in the books of Mostof tha Ormi involved highly speculative investments unsecured Loans to officers of the firm an overvalued mortgages. Instead of being underwritten Byth Federal government most of the Independent firms were insured Bya private organization Security financial insurance corp. It too has been ordered into Man who saw something Rotten As Early As 19% was Joseph Tydings now . Attorney for the Baltimore Federal districts a Maryland House of Dele its member in 1961. He Success fully backed the first regulations for savings and loan firms in the fight in Annapolis i galust Tydings was the mouse speaker Democrat a. Gordon continued his fight against the private savings and pall of Pine pollen alarms georgians Atlanta up a yellow Dusl that seemed to cover everything brought alarmed Telephone Calls to tha Stato agriculture officials explained the dust was not caused by fire at Pellet bombing now in Progress bar. The dust was really Pine tree Poulan tha department said and to a common Spring occurrence Johnson Boykin loan firms after becoming . At evidence he gathered a fed eral grand jury indicted Boone on mall fraud charges. The indictment charged Boone and five other men with fraudulently representing Security financial As an insurer of private savings and loan firms. Boone suspended himself As spanker until after his 1s Tydings who is presenting the government s current Case against two former democratic congressmen charged in connection with the f. Johnson of Maryland and Frank Boykin of Alabama Are on trial accused of attempting to influence the Justice department in a Case against one of the Sav Ings and loan promoters. Tydings called witnesses who testified that Johnson made speech on the House floor in 1960 in behalf of the firm. Public relations Man Martin he Len testified that the speech was similar to one he helped prepare for officials of two firms now in . Sadie Goldman Secretary for savings and loan promoter Jkenneth Elln told the court thai she was informed that Johnson was on her company s payroll but it seems unlikely the depose ton will get Back their $40 million Ala. Governor Safe in attack Montgomery Ala. Freedom because he says his family was financial trouble and one of his three children was 111. Lost week he walked bark into the Marlon correctional inst Ltd Senate confirms Brockett nomination Washington up the Senate has confirmed the Nomi nation of rear adm William a. Brockett 01 chief of the Burea of ships. His promotion in one in a number of nominations approved by voice vote. Among the nominations were those at array it Gen James and Marine it Gen Charles h. Hayes both promoted from major general. Sixty colonel won confirmation of their promo ton to brigadier general a com from his conscience. I la be free when i leave Mcclure 38, told newsmen at the Gate. A might take a few years but that s All i want to straighten my life out now he continued. It s better to do it now. But it s mighty card to do it with three Mcclure s wife and their Chil Dren a boy 13 and two girls h and 10, will stay with Mcclure s brother in Akron until he is re leased. No indication there is no indication How Long that might be. Mcclure was serv ing the first year of a 2-to-40-year sentence when he walked away in1956. Maury Koblintz commissioner of corrections said Mcclure prob ably will have one year added this minimum time because of his escape. After fleeing Mcclure took his family to Chattanooga and started life anew. He founded the build ers Supply co., became a member of the chamber of Commerce and was a Well known boy scout Leader in the Tennessee City. Ten months ago. A says remade up his mind to return to Akron and Clear his conscience. It gives up Fred Micton stand with Hla Wile in front of the Gate at the Marlon Ohio correctional institution after surrendering Talun Taruro la flab i a term for Auto theft a escaped bom the institution m 1im. Assoc Latch Fres photo
